What is XDC Network?
The XDC Network (formerly called XinFin Network) is an enterprise-grade, EVM-compatible blockchain equipped with interoperable smart contracts. A highly optimized, bespoke fork of Ethereum, the XDC Network reaches consensus through a delegated proof-of-stake (dPoS) mechanism, which allows for two-second transaction time, near zero gas fees, and over 2,000 transactions per second (TPS).
While the consensus mechanism is proof-of-stake—and thus uses virtually no energy—validators have to perform a small proof-of-work (PoW) when proposing a new block, which makes the network highly resistant to spamming.
As of April 11th, 2022, there are a total of 203 masternode candidates, of which 108 operate as validators (masternodes) and the remainder operate as standby validators. Each node operator is required to stake 10M XDC and upload KYC documentation.
XDC is the fuel powering transactions and smart contracts on the XDC Network. At the same time, because users must stake their XDC to run validators and participate in block generation, it ensures that the network remains safe and secure.
XDC Network Price Live Data
- Volume 24h: $ 2,576,196
- Market cap: $ 698,795,914
- Supply: 13,865,166,429 XDC
- Max supply: 37,865,165,502 XDC
- 1h %: decreased -0.35%
- 24h %: decreased -2.54%
- 7d %: decreased -8.05%
- 30d %: decreased -7.17%
- All time high: $ 0.192754
- All time high %: 73.85%
- All time high date: August 21, 2021
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